- January 04, 2006
- ATS Automation Tooling Systems
As part of the transaction, ATS retained the land and building associated with this business and entered into a lease agreement with Autocam. The purchase price is subject to certain post-closing adjustments and ATS indicated that the estimated gain or loss, if any, on this transaction will be reported with its third quarter results(three months ended December 31, 2005). The signing of the sale agreement was announced on December 13, 2005.
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